Word: bondses
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Though Harvard’s endowment has posted strong returns amid the global financial crisis, the University’s finances may still be affected by the frozen credit markets. Harvard had issued more than $1.5 billion in variable-rate bonds as of the end of the 2007 fiscal year...
This isn't to say that Asia hasn't been affected by America's financial woes. Asian stock markets, despite a recent rally, have tumbled in recent months on concerns over the state of the U.S. economy. Losses may also continue to mount as the financial crisis in the U.S...
I was quite surprised when I heard McCain's choice for Vice President. To me the United States of America have always represented an ideal of modernity, liberty, freedom and equality of chances, and I have always tried to persuade my relations that if we could put aside some sad...
But let's go back to be beginning, to being a do-nothing. At this point, there is a greater risk from mass redemptions - like a run on the bank - than there is from a rash of money funds declaring that their assets have gone bad. Money market funds are...
Fixed-income securities—especially those issued by the U.S. government—are a traditional refuge for investors in hard times. Pline specifically pointed to government-backed inflation-protected bonds as an “effective” investment.